Property Description
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATIONTurnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers.The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit.The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated.Investment Highlights100% leased - all 5 units occupied with in-place income$87,600 gross scheduled annual income16.0x GRMApproximately $280,000 per unitThree buildings, including a newer third unitConcrete-block constructionPrime SoDo/Conway Orlando infill locationMinutes to Downtown Orlando, SR-408 and I-4Turnkey investment with immediate cash flowFinancials and current rent roll available to registered buyers.
Property Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: NOVA REAL ESTATE SERVICES INC
Agency Contact: 407-592-1744
Shown By
Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 8,465.08 per month $7,057.08 Principal & Interest $999.67 Property Tax $408.33 Homeowner's InsuranceChange Payment Information
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1922 Cloverlawn Avenue | MLS# O6446443
This multi-family property located at 1922 Cloverlawn Avenue, Orlando, FL 32806 is currently listed for sale with an asking price of $1,400,000. Search Orlando real estate on www.myhouseofwindsor.com today.